China’s leaders will hold a key meeting to discuss deepening financial reforms between November 9 and November 12, the official Xinhua news agency said, as the ruling Communist Party looks to set its economic agenda for the next decade.
The meeting marks the third time China’s 200-member Central Committee has gathered since last year’s leadership change. Historically, such meetings, known as third plenums, have been a springboard for economic change in China.
The meeting “must be a new historical beginning that comprehensively deepens reforms,” Xinhua said on Tuesday, citing a meeting of the elite Politburo.
No details were given on what changes will be pursued and in what manner, but where conditions for reform are ripe change must be rolled out quickly, Xinhua said.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at email@example.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.